Cryptocurrency Analysis and News Portal
Facebook seems to be the next to join the $1 trillion market cap club. Visa, Tesla, and Berkshire Hathaway are also strong contenders in the race.Despite the persisting coronavirus pandemic affecting most companies’ growth, some companies are close to joining the $1 trillion market cap club. Already, Apple Inc (NASDAQ:
Read More
Bitcoin (BTC) mining difficulty has reached a new record high of 17 trillion. However, the price stays at the same levels without changes.Bitcoin (BTC) mining difficulty has reached a new record high. It comes after last week’s record high of the hash rate. Bitcoin (BTC) hash rate saw a record
Read More
Following last week’s record-high Bitcoin hash rate, the latest difficulty adjustment saw a change of +9.89%, bringing the level to a new all-time high of over 17.3 trillion on July 13.Despite a lack of recent significant Bitcoin (BTC) price action, the fundamentals securing the network are as healthy as they’ve
Read More
Apple is targeting the healthcare sector as it gets closer to a $2 trillion valuation.The Apple Watch, along with three other vital services, swayed the company to healthcare.The company’s dominance in the wearables industry is further fueling its presence in the industry.Apple (NASDAQ:AAPL) is on track to become the first
Read More
A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well flow into precious metals and
Read More
Ethereum continues to struggle with resistance at $250 that has held back the asset for much of the last two years of bear market.However, a crypto-focused investment fund manager is expecting that the asset’s best use case, decentralized finance, could help propel Etheruem to a $1 trillion market cap. This
Read More
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again. However, there is
Read More
Nearly 100 major corporations have filed for bankruptcy. More companies are under significant financial pressure as debt soars to over $500 billion. Expect more bankruptcies in the coming months as the U.S. economy struggles to reopen. Nearly 100 major corporations have filed for bankruptcy this year. That’s happening even amid the multi-trillion-dollar government
Read More
The Fed is going scorched earth on deflation in the housing market. The Federal Reserve has never intervened so forcefully in the economy. But in the process, it’s fueling the greatest of all time asset bubbles. Someone bulldoze the statue in the Lincoln Memorial and put Federal Reserve Chair
Read More
Both the crypto market and the stock market have recovered strongly since the March lows, but capital markets remain tight. So tight that to save individuals and corporations across weight classes, so to say, the Federal Reserve has stepped in with trillions of dollars worth of stimulus.It’s a trend that
Read More